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Dana Petroleum Reports Egypt Drilling Update

Source: www.oilegypt.com 6/23/2008, Location: Africa

In Egypt, Dana is working closely with its 50/50 partner Gaz De France to secure a rig for further drilling in the Nile Delta, following the recent successful gas discovery on the West El Burullus concession. Operator IEOC is currently abandoning the West Gihan-1 exploration well in the Gulf of Suez (Dana 20%). Reservoir sands were found as prognosed in the Nubia formation, however these were non-hydrocarbon bearing at this particular location and the partnership group will now consider further opportunities in this block. Dana recently announced it had contracted the IO3 jack-up rig for drilling in the Gulf of Suez through until January 2009. The Company is now pleased to report it has agreed a further 6 month extension to this rig contract which means it is available to drill continuously for Dana through until mid 2009.

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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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